iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 52-Week High – Here’s Why

Shares of iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $115.00 and last traded at $114.38, with a volume of 146827 shares trading hands. The stock had previously closed at $115.32.

iShares MSCI Global Min Vol Factor ETF Stock Performance

The company has a 50 day moving average of $113.49 and a 200-day moving average of $107.99. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 16.96 and a beta of 0.47.

Institutional Trading of iShares MSCI Global Min Vol Factor ETF

Several hedge funds have recently made changes to their positions in ACWV. Lynx Investment Advisory acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the second quarter valued at approximately $179,000. BNP Paribas Financial Markets boosted its position in iShares MSCI Global Min Vol Factor ETF by 6.3% in the 1st quarter. BNP Paribas Financial Markets now owns 7,125 shares of the company’s stock valued at $750,000 after buying an additional 425 shares during the period. Vantage Financial Partners LLC grew its stake in shares of iShares MSCI Global Min Vol Factor ETF by 24.2% in the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock worth $1,236,000 after acquiring an additional 2,301 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the second quarter worth $1,566,000. Finally, Summit Financial LLC raised its stake in shares of iShares MSCI Global Min Vol Factor ETF by 0.9% in the second quarter. Summit Financial LLC now owns 25,468 shares of the company’s stock valued at $2,665,000 after acquiring an additional 232 shares in the last quarter.

About iShares MSCI Global Min Vol Factor ETF

The iShares MSCI Global Min Vol Factor ETF (ACWV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks selected and weighted to create a low volatility portfolio. ACWV was launched on Oct 18, 2011 and is managed by BlackRock.